✦ LIBER ✦

Foreign direct investment and macroeconomic risk

✍ Scribed by Yothin Jinjarak

Book ID: 116619540
Publisher: Elsevier Science
Year: 2007
Tongue: English
Weight: 259 KB
Volume: 35
Category: Article
ISSN: 0147-5967
DOI: 10.1016/j.jce.2007.05.002

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Modern theory of foreign direct investment (FDI) identifies market frictions such as transport costs and tariffs as major obstacles to a firm's access to foreign markets and as important reasons for two-way FDI. An alternative rationale for two-way FDI is offered in the present paper from a theoreti